VIDENDUM MEDIA SOLUTIONS UK LIMITED

• ⚠

  Material uncertainty over going concern

  The Company's Directors have determined that as a result of a material uncertainty existing in Videndum PLC (the Group), this creates a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern, such that it may be unable to realise its assets and discharge its liabilities in the normal course of business. Further detail on the assessment of going concern can be found within note 4(a) to the financial statements.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. VIDENDUM MEDIA SOLUTIONS UK LIMITED 2022-05-24 → present
2. VITEC IMAGING SOLUTIONS UK LIMITED 2018-02-28 → 2022-05-24
3. MANFROTTO UK LIMITED 2014-01-07 → 2018-02-28
4. MANFROTTO LIGHTING LIMITED 2012-01-03 → 2014-01-07
5. LASTOLITE LIMITED 1985-12-30 → 2012-01-03
6. SWIFT 823 LIMITED 1985-11-15 → 1985-12-30

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Company's Directors have determined that as a result of a material uncertainty existing in Videndum PLC (the Group), this creates a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern, such that it may be unable to realise its assets and discharge its liabilities in the normal course of business. Further detail on the assessment of going concern can be found within note 4(a) to the financial statements.”

Group structure

1. VIDENDUM MEDIA SOLUTIONS UK LIMITED · parent
   1. Colorama Photodisplay Holdings Limited 100% · England & Wales

Significant events

• “In May 2025 we have commenced a consultation with employees of the Company based at the Ashby De La Zouch site to transfer manufacturing activities away from the site and subject to the outcome of this, the Company is likely to close its Ashby site in 2026 and expects this process to take longer than 12 months to complete.”
• “Total restructuring costs including in the current year profit and loss were £243,000”
• “On 30 March 2026, the Group completed a refinancing. The refinancing significantly deleverages the capital structure, materially improves key credit metrics and positions the business to deliver on its potential with the support of the new Super Senior Facility and available cash on the balance sheet.”
• “Videndum Group Limited ("VGL") was incorporated on 6 August 2025 with a registered number 16632477. On 5 September 2025 VGL entered into a share purchase agreement with Videndum plc to purchase all shares free from all encumbrances and together with all rights attached in the subsidiaries of Videndum plc.”
• “On 15 September 2025, the investment in shares held by Videndum Group Limited has been provided as security against the Multicurrency Revolving Credit Facility held by the Group.”
• “On 10 March 2026, Videndum plc published a combined prospectus and circular (the "Prospectus") detailing the Firm Placing and Placing and Open Offer to raise gross proceeds of £85 million (the "Capital Raising") and the broader Refinancing.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -9.1%

  £13,505,000 → £12,282,000

• Cash

  +375.3%

  £223,000 → £1,060,000

• Net assets

  -24.2%

  £4,074,000 → £3,090,000

• Employees

  +1.7%

  60 → 61

• Operating profit

  -26.7%

  -£756,000 → -£958,000

• Profit before tax

  -28.7%

  -£823,000 → -£1,059,000

• Wages

  +18.1%

  £1,484,000 → £1,753,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers